You'll need to sign in or create an account to connect with an expert.
You can definitely deduct the sales tax:
As to the interest, you can deduct the interest as mortgage interest (data entry below) if the trailer meets a definition of a 2nd home: it must have sleeping, cooking and toilet facilities. Otherwise, the interest is personal and not tax deductible.
You can definitely deduct the sales tax:
As to the interest, you can deduct the interest as mortgage interest (data entry below) if the trailer meets a definition of a 2nd home: it must have sleeping, cooking and toilet facilities. Otherwise, the interest is personal and not tax deductible.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
helpinMI
Returning Member
ohkimbui
New Member
pinguino
Level 2
mzap
Returning Member
tcondon21
Level 2